Kingsland Energy Corp. is a technology driven Saskatchewan based company focused on exploiting oil opportunities in Southern Saskatchewan, Manitoba and Alberta.
Kingsland Energy Corp. secures strategic land position
Regina, Saskatchewan- Kingsland Energy Corp. (“Kingsland”) (TSX Venture: KLE) announcesthat it has completed its Saskatchewan oil and gas mineral lease acquisition program with the successful completion of the procurement of two new prospective discoveries near Weyburn Saskatchewan targeting 1,280 acres in the Midale formation. Both pools have been identified and defined utilizing 3D seismic.
Kingsland intends to develop each respective pool by deploying horizontal drilling technology to ensure optimal reservoir development. Kingsland believes that initial drilling success could generate over 14 additional new development drill targets for optimal field development.
Kingsland is an oil and gas resource development company headquartered in Regina Saskatchewan and has secured over 15,000 acres of oil & gas mineral rights for development. Kingsland is uniquely positioned as a resident Saskatchewan Oil Company with the capabilities, technologies and strategic alliances to extract the full value from oil assets: managing whole life oil field production from primary production, through secondary optimized water flood and advanced tertiary processes; for both light and heavy oil.